Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Mercury Systems Inc (MRCY)
NASDAQ:MRCY
Earnings Data
Report Date
May 06, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
0.08Last Year’s EPS
-0.26Same Quarter Last Year
Based on 6 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Feb 04, 2025
|% Change Since: 2.30%
|Next Earnings Date:May 06, 2025
Earnings Call Sentiment|Neutral
The earnings call for Mercury Systems highlighted significant improvements in revenue, backlog, and free cash flow, alongside operational efficiencies. However, challenges remain in the form of lower-than-expected backlog margins and limited free cash flow projections for the second half of the year. While the company sees strong future demand and operational improvements, achieving higher profitability remains a work in progress.Company Guidance
During the Mercury Systems second-quarter fiscal 2025 conference call, the company provided guidance emphasizing solid results and strategic priorities. Key metrics included bookings of $242 million, a trailing book-to-bill ratio of 1.12, and revenue of $223 million, marking a 13% year-over-year increase. The adjusted EBITDA was $22 million with a margin of 9.9%, both showing substantial improvement from the previous year. Mercury Systems also reported a record free cash flow of $82 million, an increase of $44 million year-over-year, and ended the quarter with $243 million in cash on hand. The backlog reached a record $1.4 billion, while net working capital decreased by $115 million, or 19.5% year-over-year. The company anticipates revenue growth approaching mid-single digits for the full fiscal year and continues to target adjusted EBITDA margins in the low to mid-20% range in the future.Strong Quarterly Performance
Revenue of $223 million, up 13% year-over-year. Adjusted EBITDA of $22 million, with a margin of 9.9%, both showing substantial improvement compared to the previous year. Record free cash flow of $82 million, demonstrating significant cash generation.
Record Backlog
Record backlog of $1.4 billion, showcasing strong future demand and business sustainability.
Operational Efficiency Gains
Net working capital decreased by $115 million year-over-year, or 19.5%, signifying improved operational efficiency and better cash flow management.
Successful Competitive Wins
Notable wins include development contracts from a US defense prime and a $24.5 million satellite program, indicating strong market position and technical differentiation.
---
MRCY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
MRCY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 04, 2025 | $42.09 | $49.88 | +18.51% |
| Nov 05, 2024 | $34.19 | $42.22 | +23.49% |
| Aug 13, 2024 | $34.00 | $40.00 | +17.65% |
| May 07, 2024 | $29.11 | $28.77 | -1.17% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Mercury Systems Inc (MRCY) report earnings?
Mercury Systems Inc (MRCY) is schdueled to report earning on May 06, 2025, TBA Not Confirmed.
What is Mercury Systems Inc (MRCY) earnings time?
Mercury Systems Inc (MRCY) earnings time is at May 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MRCY EPS forecast?
MRCY EPS forecast for the fiscal quarter 2025 (Q3) is 0.08.
---